Typos on previous post: Meant to say "it peaked around $1 a share" and number "6" a slip of the finger. No number intended after "stock swap.)
Lexam (LEXVF) is the other company in which Rob Mcewen has a large stake (around 25%, I think).
I peaked around $1/share a few years back. I'm thinking at some point, Mcewen will fold it into MUX with a stock swap.6
Stock's been flat for a long time, even after a small spurt with contract announcement.
This one has been building a base for a long time, with little volume.
Nice to hear an honest, rational analysis, after all the garbage being spewed by "The Puppetsucker."
Could this be the influence of the puppetsucker? Are the big guys on Wall Street
susceptible to the puppet's message board postings? Hmmmm
$500 an acre? Sure glad CHK has that $2 billion in the bank. Can you imagine being able
to pick up acreage worth $5,000 at $500 a pop? Wow. Nobody credits CEO for:
1- picking up that initial $5 billion in a land sale;
2) for cutting dividends to preserve cash,
3 for cutting off $1.5 billion in long-term debt through bond/loan re-negotiation.
This guy's smarter than all the stupid shorts on this board. The next announcement will be a huge JV and Then you jerks will finally be toast.
Nice to see it. Still awaiting Isotope news.
GS saw nothing. Deceitful, manipulative and paying a huge government fine for their
predatory and deceitful practices.
If the banks didn't have confidence in Intrepid Potash's future, they never would
have amended the loan agreements. I'd rather believe the lenders than Goldman.
Shorts that keep ignoring this will get run over so quickly, they won't have time to blink.
Starting to cost shorts some serious money. Obvious, from the mindless vulgarity on this board.
Keep her going.
McEwen buyback, great.
Company buybacks, great.
MidEast turmoil, fighting and threats, also great for gold.
And 9.8% stock short great, going forward. Just need some cooperation on PM prices
Notice this new agreement is "non-binding"
Lee previously had a deal
which the the other party walked out on. No guarantee this will go through.
Meanwhile Lee plans to pump stock that he and his henchmen picked up for a couple of pennies a share, then
dump after naive investors get suckered in run the price up. He's pocketed millions by continual dilutions, screwing shareholders, driving the stock down to a loss of 98% of its value, and coming back to buy up the penny shares.